Adani Group Chairman Gautam Adani addresses students at a special Teacher's Day event and says, "On my second major breakthrough, at 29, I established a global trading house dealing in polymers, metals, textiles, and agri-products. Within two years, we became the largest global trading house in the country. This experience taught me the combined value of speed and scale. In 1994, we decided it was time to go public, and Adani Exports, now known as Adani Enterprises, launched its IPO. The IPO was a great success and highlighted the importance of public markets. However, despite benefiting from economic reforms, I realized the limitations of our business model..."
#adanisummit #gautamadanispeech #adanigroup #jaihindcollege #mumbai #teachersday
#adanisummit #gautamadanispeech #adanigroup #jaihindcollege #mumbai #teachersday
Category
ЁЯЧЮ
NewsTranscript
00:00My second big break. At 29, I established a global trading house dealing in polymers,
00:11metals, textiles and agri-products. And within two years, we had become the largest global
00:18trading house in the country. This is when I understood the combined value of both,
00:26speed and scale. Thereafter, in 1994, we decided it was time to go to public.
00:38And Adani Exports, now known as Adani Enterprise, launched its IPO.
00:47The IPO was a strong success and understood for me the importance of public markets.
00:56However, while we had been a beneficiary of the economic reforms, I began to realize
01:06the limitation of our business model. Trading, by its very nature, is volatile.
01:16To build a stable and sustainable enterprise and gain the confidence of the markets,
01:26I recognized that we needed to invest in assets that would provide a solid foundation for growth.
01:37I realized that to break the next set of boundaries,
01:42I would have to first start with challenging my own status quo.
01:50The future belongs to those who dare to see beyond the present,
01:59who recognize that today's limits are tomorrow's starting points.
02:06And my third major break was about to come, one that would propel us into a new orbit.
02:20These realizations prompted the next critical shift in our business model.
02:28In 1995, the Gujarat government announced the Port Focus Industrial Development Plan
02:38through our public-private partnerships. Around that time, we had been approached
02:46by the global commodities trader Cargill. It was a proposal to partner for the manufacturing
02:54and sourcing of salt from the Kutch region. While the partnership did not materialize,
03:03we were left with about 40,000 acres of marshy land
03:08and approval to build a captive deity at Mundra for the export of salt.
03:15What others saw as a marshy, barren land, we saw as a canvas waiting to be transformed.
03:26That canvas is now by far our nation's largest port. Mundra became my karmabhoomi.
03:44you